Authorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial watchdog. Targeted platforms that fail to comply with the new regulat...
Tag: Regulation
SEC Nearly Doubles Crypto Enforcement Unit — Regulator Says ‘Crypto Markets Have Exploded in Recent Years’ – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has nearly doubled the size of its Enforcement Division’s crypto unit. SEC Chairman Gary Gensler said the regulator “will be better equipped to police...
Uzbekistan Publishes Crypto Regulation Framework, Assigns Supervising Agency
As of Jan. 1, 2023, Uzbekistan residents will be able to buy or sell crypto only on the local exchanges, which must verify the identity of users through a know-your-customer process and store data abo...
Hawaii Senate favours a crypto-based regulation task force
The Hawaii Senate has formed a task force to regulate the cryptocurrency and blockchain industries. The task force will report back with findings and possible legislation to the State Capitol. The Haw...
SEC adds to cryptocurrency regulation staff
Gary Gensler Simon Dawson | Bloomberg | Getty Images The Securities and Exchange Commission announced Tuesday that it will almost double its staff responsible for protecting investors in cryptocurrenc...
Crypto Industry Lobbies Against Bills Targeting Russian Oligarchs Evading Sanctions Using Cryptocurrency – Regulation Bitcoin News
The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions ...
Tesla Has Some Bad News for Its Investors and Fans
Tesla’s (TSLA) – Get Tesla Inc Report investors and fans will have to wait — patiently or not. Many of them had May 2 marked on their calendars as the date on which the manufacture...
EU commissioner calls for global coordination on crypto regulation
Mairead McGuinness, the commissioner for financial services, financial stability and capital markets union at the European Commission, is calling for global regulators to work together to address pote...
Europe Needs Natural Gas And America Could Help—If We Could Get Out Of Our Own Way
DASHAVA, UKRAINE – SEPTEMBER 18: A worker explains the reading on a pressure guage on a valve at … [+] the Dashava natural gas facility on September 18, 2014 in Dashava, Ukraine. The Dasha...
Nigerian Trio Allegedly Uses Money Laundering Proceeds to Buy Bitcoins Worth Over $43 Million – Regulation Bitcoin News
Three Nigerian nationals are accused of using money laundering proceeds to buy bitcoin worth over $43 million from cryptocurrency exchange platforms like Binance and Busha. The trio is accused of movi...
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading – Regulation Bitcoin News
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchang...
Bill On Crypto Mining Regulation In Russia, Submitted To The State Duma
A law concerning the regulation of cryptocurrency mining was filed with the lower house of the Russian Parliament, the State Duma. An activity utilizing equipment and information infrastructure locate...
Bahrain Central Bank Issues New Regulations Governing Operations of Crowdfunding Platforms – Regulation Bitcoin News
The Central Bank of Bahrain (CBB) has said new regulations compelling operators of crowdfunding platforms to ensure their products are suitable for clients are set to replace existing rules which were...
India Exploring Commercial Uses for Central Bank Digital Currency, Says Finance Minister – Regulation Bitcoin News
The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the ...
As Congress weighs digital wallet regulation, focus turns to electronic cash proposal
As Congress weighed US rules for digital wallets on Thursday, lawmakers were particularly keen on the roles of data privacy and consumer protections. The hearing focused heavily on Representative Ste...
Bill Regulating Crypto Mining Submitted to Russian Parliament – Regulation Bitcoin News
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digi...
I-bonds are all the rage — what’s the best way to use them?
With the release of March’s Consumer Price Index, we now know that a risk-free investment yielding 9.6% will be available as of May 2. I’m speaking, of course, about Series I savings bonds from the U....
Brazilian Senate Approves Cryptocurrency Law Project – Regulation Bitcoin News
The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber. The proposal will have to be greenlighted by the deputies of C...
DBS Declines to Offer Crypto Services to Retail Customers as Regulation Stiffens
Piyush Gupta, the Chief Executive Officer of DBS Bank Limited, a multinational bank headquartered in Singapore, announced on Friday that the global bank will not provide cryptocurrency trading for ret...
Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says – Regulation Bitcoin News
Only a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker has recently sta...
Gibraltar introduces regulation fighting crypto market manipulation
Gibraltar, one of the largest cryptocurrency hubs globally, has announced its plan to fight against manipulating the cryptocurrency market. The country has introduced a new set of rules that will ensu...
Panama Passes Crypto Regulation Bill to Boost Innovation
If the proposal is signed into law by the president, citizens of Panama will be able to buy goods and services with cryptocurrencies at any legally operated civil or commercial business. The governme...
Panama Congress Passes Crypto Regulation Bill
Panama’s legislature voted 38 in favour, 2 abstentions, and none against a bill to legalize the use of cryptocurrencies on Thursday, Reuters reported on April 28. The bill proposes that people can use...
Panama’s National Assembly Passes Bill Focused On Crypto Regulation
Panama emerges to be the latest country to make a move toward cryptocurrency regulation. If the bill gets approval by the President, citizens would be facilitated to utilize crypto for everyday payme...
Internet Regulation Cycle Eases As Domestic Consumption Becomes Job #1, Week In Review
China Last Night KraneShares Week in Review Asian equities registered another choppy week of trading, mirroring US and developed markets. Markets were deepest in the red on Monday as investors feared ...
Central Bank of Cuba Introduces Specific Virtual Asset Service Providers Regulation – Regulation Bitcoin News
The Cuban government has issued new regulations concerning the operation of virtual asset service providers (VASPs) in the country. In an official resolution, the Bank of Cuba establishes specific pro...
Panama Parliament Approves Crypto Regulation Bill
TL;DR Breakdown Panama parliament has approved the bill that allows the use of crypto for daily activities like purchases, paying taxes, etc. Crypto experts have said that this bill has more robustnes...
Gibraltar Introduces New Regulation Against Crypto Market Manipulation
Gibraltar, a small British overseas territory, has released a new guideline for cryptocurrency businesses operating in the region, which aims to foster market Integrity and combat market manipulation....